14302 Stewart Rd Galveston, TX 77554

Waterman's Marina, located at 14302 Stewart Rd, Galveston, TX 77554, presents a unique investment opportunity. This fully occupied marina boasts 111+ slips, each equipped with a lift capable of handling boats up to 28 feet and 8,000 lbs. The marina features a well-maintained, covered, fixed wood dock system (constructed between 2011 and 2014), a courtesy dock accommodating approximately 20 boats, and a fuel dock with a 4,000-gallon above-ground tank and dual pumps. A thriving 600+ sq ft marina store offers bait, tackle, ice, snacks, and beverages, complemented by six large live bait wells. A popular on-site boat ramp adds to the marina's appeal. The property also includes a 1,500+ sq ft, two-bedroom, one-bathroom on-site residence. The submerged land is leased from the Texas General Land Office (GLO). Currently operating at full capacity with a waiting list, this marina offers significant expansion potential. The adjacent Waterman's Restaurant is available for purchase separately or as part of a combined acquisition. A full management team is in place, making this an ideal absentee ownership opportunity. The improvements are in excellent condition and relatively new.